News for hackers. Stuff that matters.
Re:Wasabi – Simple storage solution by ibejoeb on Friday July 28, 2017 @06:50PM (#14878207)
>Their first round was debt financing.

Are you suggesting that Wasabi might go away because, maybe, this is not the "traditional" valley model?

Re:Wasabi – Simple storage solution by ericflo on Friday July 28, 2017 @07:40PM (#14878471)
Many, many startups in the valley have raised on convertible notes (aka debt) first.
Re:Wasabi – Simple storage solution by ibejoeb on Saturday July 29, 2017 @01:49PM (#14882248)
Indeed. That's what I don't understand. Nothing about the funding is notable.

Convertible notes were all the rage a few years back, too. It was all over the blogs and HN.